Marquee Brands to Acquire Roots in Go-Private Deal
The brand management company will add the Canadian lifestyle label to a growing portfolio that includes Roberto Cavalli and BCBG.
Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.
American Eagle Dives After Holiday Sales Fall Short of Estimates
American Eagle Outfitters Inc. suffered its worst stock decline in more than two years after holiday sales missed analysts’ estimates, stoking concerns about a company that had been outshining the rest of the teen-apparel industry.
American Eagle Dives After Holiday Sales Fall Short of Estimates
American Eagle Outfitters Inc. suffered its worst stock decline in more than two years after holiday sales missed analysts’ estimates, stoking concerns about a company that had been outshining the rest of the teen-apparel industry.
Sports Direct Troubles Mount as Retailer Warns of Profit Slip
Sports Direct International Plc said it’s no longer confident of meeting its full-year earnings target, heaping more misery on the embattled UK retailer.
Sports Direct Troubles Mount as Retailer Warns of Profit Slip
Sports Direct International Plc said it’s no longer confident of meeting its full-year earnings target, heaping more misery on the embattled UK retailer.
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Slumping Currency Holds Silver Lining for Canadian Retailers
The Canadian dollar's plunge to a 12-year low is seen boosting sales for the country's retailers in 2016 as fewer shoppers cross the border south, but profit growth will vary depending on their ability to control import costs and push through price increases.
Slumping Currency Holds Silver Lining for Canadian Retailers
The Canadian dollar's plunge to a 12-year low is seen boosting sales for the country's retailers in 2016 as fewer shoppers cross the border south, but profit growth will vary depending on their ability to control import costs and push through price increases.
J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December
J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.
J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December
J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
Fast Retailing Cuts Operating Profit Forecast on Warm Weather
Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.
Fast Retailing Cuts Operating Profit Forecast on Warm Weather
Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.
Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast
Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.
Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast
Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.
How Yves Salomon Transformed Its Business with One Coat
Much in thanks to the success of its youthful, fashion-driven Army jacket, the furrier saw record sales in 2015.
How Yves Salomon Transformed Its Business with One Coat
Much in thanks to the success of its youthful, fashion-driven Army jacket, the furrier saw record sales in 2015.
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
Next Christmas Season Sales Miss Estimates on Warm Weather
Next Plc started the Christmas reporting season for UK clothing retailers on a sour note by disclosing revenue that missed analysts’ estimates and saying profit will come in at the bottom of its forecast range.
Next Christmas Season Sales Miss Estimates on Warm Weather
Next Plc started the Christmas reporting season for UK clothing retailers on a sour note by disclosing revenue that missed analysts’ estimates and saying profit will come in at the bottom of its forecast range.
Lululemon Rises After Analyst Predicts Rebound in Profit Margins
Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.
Lululemon Rises After Analyst Predicts Rebound in Profit Margins
Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.
THE NEWS IN BRIEF
Investors Brace for More Volatility With Trump Set to Address Congress
The president’s remarks come at a pivotal point for markets.
Trump FTC Chair Pledges to Keep Aggressive Merger Enforcement
The organisation’s chairman Andrew Ferguson vowed to aggressively block illegal mergers, reaffirming the agency’s commitment to challenging deals that violate antitrust laws, continuing the stance taken during the Biden administration.
True Religion Acquired by Private Equity Firm Acon Investments
The deal, which included participation from American Eagle’s chief executive, will help the denim maker expand globally.
Sneaker Maker Golden Goose Is Said to Kick Off Milan IPO Soon
Luxury sneaker brand Golden Goose SpA plans to kick off an initial public offering in Milan as soon as this week, according to people familiar with the matter, extending a strong rebound in European listings this year.
Europe Luxury Stocks Slide After Richemont Chairman Says Inflation Is Denting Demand
Luxury goods stocks slumped in Europe, wiping out more than $25 billion in market value after Richemont chairman Johann Rupert said inflation is starting to dent demand across the region.
US Inflation Cooling as Consumer Prices Rise Moderately Again
US consumer prices increased moderately in July as higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture, a trend that could persuade the Federal Reserve to leave interest rates unchanged next month.
Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.